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Showing posts with the label recession

Banks "RIPPING OFF" unemployeed workers ???

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This is Amazing - on one hand they say they need money [ the banks ] from the government [ really the tax payers ] to survive and they promise to help with the struggling economy and they start imposing fees on unemployeed people who are collecting unemployement ??? What the heck is going on - Read the article below - blew my mind... Hey - Whats Obama Doing ?? Jobless hit with bank fees on benefits By CHRISTOPHER LEONARD AP Business Writer The Associated Press Friday, February 20, 2009 12:25 AM EST For hundreds of thousands of workers losing their jobs during the recession, there's a new twist to their financial pain: Even as they're collecting unemployment benefits, they're paying bank fees just to get access to their money. Thirty states have struck such deals with banks that include Citigroup Inc., Bank of America Corp., JP Morgan Chase and US Bancorp, an Associated Press review of the agreements found. All the programs carry fees, and in several states the unemployed ha

Remember not to be weak when in need

It's easy to forget that everyone that says they want to help - is honestly trying to help. lets face it, when your drowning it's hard for you to stop and consider - who is giving you a hand. When your drowning, all your looking for is any hand that appears to be outstretched enough to help. That is when you usually get burned, sometimes burned badly. I’m still hocked up on medication and I know I shouldn’t sign over the deed to my house to anyone. It happens to everyone. Crooks are not as stupid as portrayed in movies. They come in all shapes and forms. they are every smart enough to build professional appearances and even legal entities. It's stories like the one above - that proves no matter how good a helping hand may be - ask questions, do background checks, don't take a friends word over your gut feeling. And as always - if it sounds to good to be true - it's not good for you. Lets face it your drowning, if your going to go down - go with dignity.

Crash Proof - facing America's recession

I've been terribly sick the last four days and so while bed ridden - lets just say I've watched way to much tv. Especially on the possible recession that America is facing, may face and has the government working so hard to avoid. I have to say, I don't know about you, but I find myself working harder everyday trying to find new ways to cut back on my expenses. I don't know why the news, our government - for that matter we the people don't realize that America - the real America is already in a recession. Crash Proof Book As I laid in bed sneezing, coughing and hacking up - well you know…I watched the news talk about how high gas prizes have effected travel and how the 911 terrorist laws make it difficult for foreigners to come to America to spend their money. I read in the news paper about county budget cuts, I read this morning how New Jersey wants to cut thousand of state jobs in one swoop. I don't think we're facing a possible recession, I think America

Do the Rich care about your Finances????

The video below shows a family that says they are already in a recession. I tend to agree with them - but I believe the country is in a mild recession leading to a much larger one. The Government is always saying it's a personal responsibility to save - then they tell us to go out and spend to help the economy. When poor people spend beyond their means its called "irresponsibility" on their part. When the middle class spends beyond their means it's called a crisis or recession. Why? Could it be that the saying - the rich get richer and the poor get poorer is true? While all the news is either about a country wide recession - what people fail to realize is that a recession means the "Rich people" wont be making money. That’s right you heard me. The poor are already lacking money. The middle class support the economy by spending beyond their means. And the rich depend on the poor to spend what little they have and the middle class to believe that their over sp

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